Waterproofing Admixture Market – Used to reduce concrete permeability: Advanced technologies & growth opportunities in global Industry by 2022
Waterproofing
admixtures are components added to concrete to improve the surface and
performance efficiency. Working principal of waterproofing admixtures involves
blockage of pores by reducing the pore diameter. Waterproofing admixtures
create millions of fibers or Nano crystals that get accumulated in capillary
pores of concrete, thus preventing passage of water. Waterproofing admixtures
are blended in a specific proportion into the concrete mix to modify physical and
chemical properties of concrete. They increase durability and comprehensive
strength by providing protection from physical and chemical damage. In addition
to protection from adverse environmental conditions, waterproofing admixtures
provide excellent surface finish. Furthermore, they provide additional
functionalities such as self-sealing of micro cracks, prevention from
penetration of corrosion-causing material, and resistance from hydrostatic
pressure.
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Professional and Technical insights:
Waterproofing
admixtures are primarily used in the building and construction industry. They
are used to build high performance concrete for beams, decks, and dams in the
construction industry. Waterproofing admixtures are used in concrete block,
architectural concrete, pile concrete, mortar, plaster surface, hardened floor,
industrial floor, runway, etc. They are used in the development and repair of
construction material. Waterproofing admixtures are also used in the
transportation industry. Railway sleepers, highway concrete, bridge decks,
etc., are key areas in the transportation industry where waterproofing
admixtures are consumed. Cohesiveness in concrete mix, less permeability,
shrinkage reduction, and enhanced compactness are key benefits of using
waterproofing admixture.
Increasing demand from
the building and construction industry is primarily driving growth of the
waterproofing admixture market. Advancement in the construction industry
propels usage of waterproofing admixture to enhance the quality and texture of
construction. Furthermore, growing economy in the developing regions leads to
high investment in building and construction. Rapid urbanization in developing
regions is the key factor fueling demand for waterproofing admixtures.
Development of commercial residential construction due to population growth in
developing regions generates the requirement for waterproofing admixtures.
Increased use of ready-mix concrete in the construction industry is likely to
open new opportunities for the waterproofing admixture market.
The global market for
waterproofing admixture has witnessed growth in the past few years. Growth in
housing and construction activities in the developing countries coupled with
rising economy has driven the waterproofing admixture market in the recent
years. Asia Pacific is projected to hold major share of the global
waterproofing admixture market duringthe forecast period.The waterproofing
admixture market in the Middle East &Africa is also expandingat a fast pace
due to infrastructural development. The market in thisregion is expected to exhibit
positive growth trend in the next few years. The waterproofing admixture
markets in developed regions such asNorth America and Europe witness
comparativelylow CAGR. Sluggish economic growth in these regions accounts for
slow growth of the waterproofing admixture market.
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Some of the major
manufacturers of waterproofing admixture include Fosroc International Limited,
Sika AG, Hycrete, Inc., AQUAFIN Inc., Kryton International Inc., Dow Corning
Corporation, Cico Technologies Limited, Xypex Chemical Corporation, W. R. Grace
and Company, and RPM International Inc.
This research report
analyzes this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research report
include
·
North America
·
Asia Pacific
·
Europe
·
Middle East and Africa
·
Latin America
This report provides comprehensive analysis of
·
Market growth
drivers
·
Factors limiting
market growth
·
Current market
trends
·
Market structure
·
Market projections for
upcoming years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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